Nov 28, 2012 3:00pm EST
's only fair if we say it's somewhat of an inexact science in getting the timing right of when the fed may do something. whether they're thinking about qe-4, sure. whether they do it in two weeks, who knows. >> ten minutes before the closing bell. the dow jones industrial at the highs of the session. higher by 104 points. >> stocks are rallying on a renewed hope for a fiscal cliff fix. perhaps on the fed as well. the day sure didn't start pretty. that's coming up. >>> you better start saving big time. why your retirement could be at risk courtesy of a possible fiscal cliff deal. that's later on "the closing bell." >>> some breaking news on the volcker rule. >> well, scott, regulatory sources have told cnbc that the deadline to complete the volcker rule is now delayed to the first quarter of next year. previously, regulators aimed for a final draft at the end of this year. that rule places limits on a bank's trading capabilities. the financial sector has been watching this development closely, ever since dodd/frank was passed 2 1/2 years ago. a hearing is scheduled in front of the house fin
Nov 30, 2012 3:00pm EST
-again retailer jcpenney. down 26.5%. some stocks arguably had a better month. computer sciences up around 25%. trip adviser, spun off of expedia, running 27% in november alone. titanium metals holding down commodities. sharp rise there, up 41%. the month's winner is abercrombie & fitch. investor can hopefully look past the ceos bizarre habits because they have some returns. up 51%. not bad for one month. >> you can excuse the habits. thanks, kayla. see you later. >>> we're heading toward the close. 50 minutes left in the trading session with the dow down 26 points. as we said, though, you're going to see a lot of buying and selling on the close. it's called rebalancing of a particular international index. we'll see some volatility at the close here. when we come back, he practically laughed in tim geithner's face, we're told. that was the reaction from senate republican leader mitch mcconnell. what would it mean to you if the president got his way despite that reaction? that's no laughing matter. we'll have details on that and both sides of that contentious issue coming up. >>> and then a lo
Nov 29, 2012 3:00pm EST
things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> all right. apparently nancy pelosi, the minority leader in the house, is going to wait until after the close to make any comments about the fiscal cliff. but the market's been moving anyway. i mean, take a look at today. again, it's another day where wall street is fixated on washington. you had decent gdp data this morning. they revised the latest quarterly data upward. that gave us a nice little rally until speaker boehner came in and said he was disappointed in the progress, that no progress had been made between the house and the white house in the last two weeks. that sent the market lower. then harry reid said, well, with we all know where we stand at this point. chuck schumer of new york said he was convinced we would have a deal by christmas. that brought the market back. we were up 40, 50 points at that point. now we've been doing a little stutter step waiting for nancy pelosi. that doesn't look like we're going to get anything
Dec 3, 2012 3:00pm EST
's behaving... which isn't rocket science. it's just common sense. from td ameritrade. >>> 2:30 left in the trading day. here is what happened to the dow, the manufacturing report out this morning, disappointed bs back below 50, meaning we're in contraction territory, even when the republicans announced their counterproposal on the fiscal cliff. no real movement there. a couple zigs and zags but we're going out on the low end, about 50 point. we'll quickly show you the charts of the dow, the s&p and the nasdaq, going back for the full year. we're back above the 200-day moving average in all three cases. it's the closest for the dow. we're right at the long-term trend line there. let me show you. i think the s&p is next here. the s&p and the nasdaq are well above their 200-day moving average. move it along, yes. again, these are not precise but you can see it's moving well above that. this is the nasdaq. and the s&p is well above its 200-day moving average. there you are. it's the strongest of those three percentagewise. warren, democrat is typically a pretty good month for equities.
Dec 4, 2012 3:00pm EST
isn't rocket science. it's just common sense. from td ameritrade. >>> about three minutes left. again, the major averages, we haven't seen a lot of volatility today. the markets really taking in stride the lack of progress in the fiscal cliff negotiations because there are no negotiations right now. here's the dow today. a little volatility in the open today, essentially sideways. there are other markets that have moved today that i want to show you. the yield on the ten-year went down today. part of operation twist to keep rates low on the long end of the yield curve. we're down to 1.60%. other traders were in there buying treasuries following on the fed's coat tails. another market moving right now, gold. back below $1700 an ounce. this happened last december as well when there was some profit taking at that time, maybe to try and beat out the tax consequences. we're down 1.4%, a decline of $23. we'll watch that carefully to see if now we're below this psychologically important level. the vix, the fear indicator, went higher today. we're still below considered yellow flag territory.
Dec 5, 2012 3:00pm EST
, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. >>> about four minutes left. another one of those days where it was clear that wall street is fixated on washington and what's going on with the fiscal cliff talks. they were still public today. here's where the president started speaking to the business round table and where we learned also that those 40 republicans part of this bipartisan group that would be open to new ideas on the fiscal cliff talks. of the dow, the best performers and worst performers today, the full-ti financials higher led by bank of america. nasdaq, we need to highlight this, was lower, down 20 points today. why? because of apple. apple had one of its worst days. we highlighted this earlier. something very archean called the death cross, the 50-day moving average crossed below the 200-day moving average. what does that mean? just means it could be going lower from here. down 6% on apple today. the yield of the ten-year went lower. as they were buying stocks, they were a